4 Steps to Achieve a Higher AR Reconciliation Rate

With today’s relentless focus on working capital management, speeding up the order-to-cash cycle, and improving DSO, AR reconciliation is more critical to a company’s financial health and performance than ever. AR reconciliation, as every credit pro knows, is the application of all cash or electronic receipts on time against the company’s current open accounts receivable. It is also known as cash application or operational reconciliation—as distinct from financial reconciliation. Operational…